Common use of Photocopies Clause in Contracts

Photocopies. Checks and other items are sometimes lost during processing or while in transit. If a photocopy of a check or other item that appears to be drawn on your account is presented to us for payment in place of the original, we may pay the photocopy if it is accompanied by a representation from another financial institution that the original item has been lost or destroyed. We will not incur any liability in the event the original item is later presented to and paid by us, unless a stop payment order is in effect for the check. Processing checks is a highly automated service, and we use commercially reasonable efforts to process checks. We may pay checks drawn on an account even if one or more of the following are true: the check is dated after the date we pay it; the check is presented to us for payment more than six months after the date on the check; a stop payment previously requested has expired; the check contains language that purports to make it void before the time it was paid; or the check contains other language that purports to establish conditions under which it may be paid. Upon presentment of an item for payment more than six months after its date, you agree that we may, in our sole discretion and without notice or inquiry to you, charge your account for the item. However, we are not obligated to do so. You agree that our obligation of good faith does not require us to make any inquiry of you or require us to give you notice prior to the payment of an item more than six months after its date. Our payment of the item will be in good faith unless we have timely received a stop payment order from you. If you want to ensure that we do not pay a stale dated item, you should place a stop payment order on the item.

Photocopies. Checks and other items are sometimes lost during processing or while in transit. If a photocopy of a check or other item that appears to be drawn on your account is presented to us for payment in place of the original, we may pay the photocopy if it is accompanied by a representation from another financial institution that the anotherfinancialinstitution thatthe original item has been lost beenlost or destroyed. We will not incur any notincurany liability in the event the original item is later presented to and paid by us, unless a stop payment order is in effect for the checkcheck . Processing checks is a highly automated service, and we use commercially reasonable efforts to process checksprocesschecks. We may pay checks drawn maypaychecksdrawn on an account even accounteven if one or more of the following are thefollowingare true: the check is dated after the date we pay it; the check is presented to us for payment more than six months after the date on the check; a stop payment previously requested has expired; the check contains language that purports to make it void before the time it was paid; or the check contains other language that purports to establish conditions otherlanguagethat purportstoestablishconditions under which it may be paid. Upon presentment of an item for payment more than six months after its date, you agree that we may, in our sole discretion and without notice or inquiry to you, charge your account for the item. However, we are not obligated to do so. You agree that our thatour obligation of good faith does not require us to make any inquiry of you or require us to give you notice prior to the payment of an item more than six months after its datedate . Our payment of the item will be in good faith unless we have timely received a stop payment order from youyou . If you want to ensure that we do not pay a stale dated item, you should place a stop payment order on the item.

Photocopies. Checks and other items are sometimes lost during processing or while in transit. If a photocopy of a check or other item that appears to be drawn on your account is presented to us for payment in place of the original, we may pay the photocopy if it is accompanied by a representation from another financial institution that the original item has been lost or destroyed. We will not incur any liability in the event the original item is later presented to and paid by us, unless a stop payment order is in effect for the check. Processing checks is a highly automated service, and we use commercially reasonable efforts to process checks. We may pay checks drawn on an account even if one or more of the following are true: the check is dated after the date we pay it; the check is presented to us for payment more than six months after the date on the check; a stop payment previously requested has expired; the check contains language that purports to make it void before the time it was paid; or the check contains other language that purports to establish conditions under which it may be paid. Upon presentment of an item for payment more than six months after its date, you agree that we may, in our sole discretion and without notice or inquiry to you, charge your account for the item. However, we are not obligated to do so. You agree that our obligation of good faith does not require us to make any inquiry of you or require us to give you notice prior to the payment of an item more than six months after its date. Our payment of the item will be in good faith unless we have timely received a written stop payment order from you. If you want to ensure that we do not pay a stale dated item, you should place a stop payment order on the item.